Oil time to buy
Today we have Oil price action on a watch.
Oil is testing the 1996 low 21 level. We could see a bounce from here and a correction higher to 35 if this level holds as it is also long-term wedge support. A daily close below the 21 level will lead to a deeper pullback to 10.
ARMAT trading system is neutral
Note – retest of the previous resistance. Look for long trade entries with the stop loss below 20
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